Release date: 22 November 2005
Location
Description
Credit line for financing of limited scale projects of small and medium enterprises and local infrastructure projects of local authorities.
Objectives
Financing of investments of small/medium scale by small size enterprises and local authorities, giving them access to long-term funds at affordable interest rates.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 20 million.
Total cost (Approximate amount)
Not applicable
Environmental aspects
The financial intermediary will be requested to ensure compliance of the sub-projects with relevant national and EU environmental laws, as appropriate.
Procurement
The financial intermediary will be requested to ensure compliance of the sub-projects with EU directives, in particular for the award of public sector contracts, as may be appropriate.
Status
Signed - 22/12/2006
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).